Ethereum's daily level price rebounded and reached the middle track of the Bollinger Bands before falling back. The short-term rebound strength has significantly weakened, the MACD histogram increment has slowed down, and the KDJ indicator has retreated from the overbought zone, facing clear resistance from the 20-day moving average above. Overall, the rebound belongs to a passive correction after a significant drop and has not formed a reversal trend. As buying power dissipates, the sustainability of this rebound is insufficient.

In the short period of 4 hours, after the price peaked at 1848, it weakened in oscillation. The MACD indicator has turned downwards, with the histogram turning negative, and bearish momentum continues to accumulate. The KDJ indicator is diverging downwards, with the indicator entering a weak zone, and the price is persistently suppressed by short-term moving averages. The current sideways oscillation belongs to a short pause in the downward process, with limited bullish counterattack strength. After the oscillation and consolidation finish, there is a downward risk; the operating strategy should prioritize setting short positions based on high points of the rebound.

Coin Sea Waves: 6.18 Ethereum short-term reference:

Short Position: Short in the 1810-1770 range, stop loss above 1850, target at 1750-1700,

Long Position: Long in the 1675-1715 range, stop loss below 1650, target at 1730-1780,

【The above analysis and strategies are for reference only. Please bear the risk yourself. The article review and release may have delays, and the strategy lacks timeliness, do not operate blindly.】

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